$ETH (Ethereum)
Headline: The Merge child is looking for a spark. ⚡
Market Overview:
Ethereum is tracking Bitcoin’s hesitation, sitting at Rs544k. The volume is thinner than last week, suggesting we are in a "make a move or fade away" pattern.
Pro Trader Tip:
Keep an eye on the gas fees and L2 activity. If network usage spikes before price moves, smart money is accumulating. That’s your signal to front-run the run.
Key Levels:
· Support: Rs535k
· Resistance: Rs560k
The Outlook:
· Short Term: Stuck in limbo. Needs a catalyst to break the recent high.
· Long Term: The backbone of DeFi. Accumulation zones are getting wider.
Trad Target (Scalp):
1. Entry: Rs542k
2. Target 1: Rs553k
3. Target 2: Rs568k
4. Stop Loss: Rs530k
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